Commonwealth Bank of Australia is searching for a new head for its business and private banking division after incumbent chief execuitve Grahame Petersen announced he will retire at the end of this year

Chief executive Ian Narev said Mr Petersen had been discussing with him his intention to retire.

“Grahame (Petersen) has made a significant contribution to the group, always demonstrating the benefit of his experience, strategic thinking and people focus,” Mr Narev said in a statement.

RATE THIS ARTICLE

Poor
Average
Good
Excellent

thewealthnet archives contain 40,341 articles dating back to 1997,making it the largest single source of
information on the wealth management industry world-wide. To search for more articles, please click here.